Progress on share repurchase program KPN

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Den Haag, 21-7-08

Further to the share repurchase program announced on 5 February 2008, KPN announces that, during 14 July to 18 July 2008, it has repurchased 2,282,660 KPN ordinary shares at an average price of EUR 10.43. To date, approximately 79% of the repurchase program has been completed. The repurchase program that started on 22 February 2008 will run through 31 December 2008.